Insider Doubts and Disappearing Domain Spark Concerns in 402bridge Security Incident

Bitget App

Trade smarter

Bitget

News

Markets

Insider Doubts and Disappearing Domain Spark Concerns in 402bridge Security Incident

Bitget-RWA2025/10/28 04:38

By:Bitget-RWA

- SlowMist warns 402bridge breach may involve insiders; domain 402bridge.fun registered two days before incident now inactive, raising questions about scale and actors. - Fortinet faces class-action lawsuit over alleged misrepresentation of firewall upgrade program, admitting inability to predict upgrade needs. - Coinbase acquires Echo for $375M, while blockchain startups secure $587.92M in funding, signaling investor confidence despite market volatility. - Microsoft issues emergency patch for critical Win

The SlowMist Team has alerted the public to the possibility of insider participation in the recent 402bridge theft, a platform operating on blockchain technology. The cybersecurity company pointed out that the domain 402bridge.fun, which was registered just two days before the theft, is no longer active. This situation brings up concerns about the extent of the breach and who may be responsible.

Insider Doubts and Disappearing Domain Spark Concerns in 402bridge Security Incident image 0

At the same time, the business world is experiencing ongoing instability, as

Fortinet

Inc. (NASDAQ:FTNT) is now

facing a class-action lawsuit

due to accusations of misleading statements about its product upgrade timeline. The lawsuit alleges that company leaders exaggerated the revenue prospects of a FortiGate firewall upgrade initiative, resulting in investors being misled between November 2024 and August 2025. During an earnings call in August 2025, the company acknowledged it was unable to precisely estimate how many devices would need upgrades, casting doubt on previous optimistic forecasts.

Elsewhere, the Trump administration has ramped up its international engagement, with President Donald Trump undertaking a prominent visit to Asia and the Middle East.

ThinkCareBelieve's Week 40 analysis

of his term points to a rise in law enforcement activities, such as drug seizures and the dismantling of criminal organizations. The administration also contended with a 25-day government shutdown, but anonymous contributions have helped ease some of the financial burden on military operations.

Meanwhile, the cryptocurrency industry continues to drive technological advancement.

Coinbase's acquisition of Echo

for $375 million highlights the company's determined push to broaden its on-chain investment offerings. This week, Pave Bank and other blockchain firms attracted $587.92 million in venture capital, demonstrating sustained investor trust despite ongoing market fluctuations.

International tensions remain high, especially in Southeast Asia and Eastern Europe. A recent ceasefire between Thailand and Cambodia, partly facilitated by Malaysian Prime Minister Anwar Ibrahim, has brought renewed attention to the region's delicate peace. In a separate incident, Russia's Belgorod region

reported damage to a dam

following a Ukrainian attack, leading to evacuation warnings in nearby border communities. Kyiv has yet to issue a statement regarding the event.

Within the United States, airlines are still grappling with economic difficulties. Texas-based charter carrier Kachina Air

filed for Chapter 11

bankruptcy protection on October 24, adding to the list of regional airlines that have failed in 2025. Escalating fuel expenses and mounting debt have worsened the situation, with companies like Verijet and Ravn Alaska already selling off assets.

Cybersecurity in technology remains a pressing issue, as Microsoft

issued an emergency update

to fix a severe Windows security flaw. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) cautioned that systems lacking this patch are vulnerable to remote code execution, urging organizations to install the October 23 update without delay.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- AlphaTON Capital acquires Blockchain Wire to launch TON blockchain's first verifiable newswire, enhancing digital communication standards. - Blockchain Wire, serving 4,000+ clients with 100%+ CAGR since 2023, delivers crypto-native and enterprise news to millions via trusted distribution networks. - The integration leverages TON's blockchain for immutable press release verification, aligning with AlphaTON's DeFi, gaming, and Telegram ecosystem expansion strategies. - This acquisition strengthens AlphaTON

Bitget-RWA•2025/11/05 12:14

AlphaTON and Blockchain Wire to Launch the First Newswire Verified by TON

Bitcoin Updates: Projects Evolve as Authorities Move to Steady the Crypto Market

- Bitcoin's October 2025 crash reflects speculative excess, not systemic collapse, with weak on-chain metrics like record-low OBV and margin calls triggering altcoin losses. - Security vulnerabilities worsened the crisis, including $1.8M DeFi thefts and AI-powered phishing attacks, while projects like Berachain recovered stolen funds through audits. - Regulators acted amid turmoil: Trump pardoned Binance's Zhao, Canada fined a crypto dealer $126M, and Bitget launched a $2M loan program to stabilize altcoin

Bitget-RWA•2025/11/05 12:14

Bitcoin Updates: Projects Evolve as Authorities Move to Steady the Crypto Market

Ethereum News Update: Institutions Move Toward Solana While FUNToken Drops by 12%

- FUNToken drops 12% as altcoin rotation and ETF divergence intensify, driven by institutional shifts to high-performance blockchains like Solana . - Solana ETFs gained $197M while Bitcoin/Ethereum ETFs lost $750M, reflecting capital reallocation toward scalable infrastructure and enterprise solutions. - Regulatory advancements in the U.S. and Japan aim to boost crypto legitimacy, but macroeconomic risks and geopolitical tensions persist amid extreme market fear levels. - Institutional whales added $55M in

Bitget-RWA•2025/11/05 12:14

Ethereum News Update: Institutions Move Toward Solana While FUNToken Drops by 12%

Bitcoin News Update: BlackRock Allocates $115M in ETH, Driving Australian ETF Debut During Market Fluctuations

- BlackRock deposited $115M in ETH to Coinbase , signaling institutional crypto engagement ahead of its Australian Bitcoin ETF launch. - The firm holds 86% of its $97B crypto assets in Bitcoin, with recent $1B+ deposits raising market sell-off concerns. - Regulatory clarity in Australia and the U.S. may boost institutional adoption as BlackRock's custodial strategy focuses on ETF liquidity management.

Bitget-RWA•2025/11/05 12:14